Bank of England holds interest rates at 3.75% as inflation fears mount
30.07.2026 14:00 | The Guardian World
Split vote comes as Iran war is rekindled and oil price climbs back above $90 a barrelThe Bank of England has kept UK interest rates on hold as fears mount over rising inflation triggered by the Iran war.Against a volatile backdrop in the Middle East conflict, the Bank’s monetary policy committee voted to keep its key base rate at the current level of 3.75%, although the decision was not unanimous. Continue reading...
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